US actor Mel Gibson (R) and his partner Rosalind Ross pose as they arrive on May 22, 2016 for the closing ceremony of the 69th Cannes Film Festival in Cannes, southern France. / AFP / FranÃ§ois Xavier MARIT (Photo credit should read FRANCOIS XAVIER MARIT/AFP/Getty Images)

US actor Mel Gibson and his partner Rosalind Ross pose as they arrive on May 22, 2016 for the closing ceremony of the 69th Cannes Film Festival in Cannes, southern France. / AFP / ANNE-CHRISTINE POUJOULAT (Photo credit should read ANNE-CHRISTINE POUJOULAT/AFP/Getty Images)

CANNES, FRANCE - MAY 22: Mel Gibson (L) and Rosalind Ross attend the closing ceremony of the 69th annual Cannes Film Festival at the Palais des Festivals on May 22, 2016 in Cannes, France. (Photo by Gisela Schober/Getty Images)

CANNES, FRANCE - MAY 21: Rosalind Ross and Mel Gibson attend the 'Blood Father' Premiere during the 69th annual Cannes Film Festival at the Palais des Festivals on May 21, 2016 in Cannes, France. (Photo by Foc Kan/FilmMagic)

CANNES, FRANCE - MAY 21: Mel Gibson and his girlfriend Rosalind Ross leave the 'Blood Father' Premiere during the 69th annual Cannes Film Festival at the Palais des Festivals on May 21, 2016 in Cannes, France. (Photo by Gisela Schober/Getty Images)

CANNES, FRANCE - MAY 21: Mel Gibson and partner Rosalind Ross attend the 'Blood Father' Premiere during the 69th annual Cannes Film Festival at the Palais des Festivals on May 21, 2016 in Cannes, France. (Photo by Andreas Rentz/Getty Images)

US actor Mel Gibson and his partner Rosalind Ross pose as they arrive on May 21, 2016 for the screening of the film 'Blood Father' at the 69th Cannes Film Festival in Cannes, southern France. / AFP / ALBERTO PIZZOLI (Photo credit should read ALBERTO PIZZOLI/AFP/Getty Images)

US actor Mel Gibson (R) and his partner Rosalind Ross pose as they arrive on May 21, 2016 for the screening of the film 'Blood Father' at the 69th Cannes Film Festival in Cannes, southern France. / AFP / ALBERTO PIZZOLI (Photo credit should read ALBERTO PIZZOLI/AFP/Getty Images)

CANNES, FRANCE - MAY 21: Rosalind Ross (L) and Mel Gibson attend the 'Blood Father' Premiere during the 69th annual Cannes Film Festival at the Palais des Festivals on May 21, 2016 in Cannes, France. (Photo by Venturelli/WireImage)

US actor Mel Gibson (R) and his partner Rosalind Ross pose as they arrive on May 21, 2016 for the screening of the film 'Blood Father' at the 69th Cannes Film Festival in Cannes, southern France. / AFP / ALBERTO PIZZOLI (Photo credit should read ALBERTO PIZZOLI/AFP/Getty Images)

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But the biggest laugh came when Colbert asked Gibson, "If you could go back in time, what would you tell your younger self?"

"Don't be so caught up in the little things, take advantage of all the gifts the world has to offer, live every day to the fullest," Gibson said. "I would also tell my younger self to shut the f--- up."

The Oscar winner was surely referring to the anti-Semitic remarks he made 10 years ago during a DUI arrest, a recording of which leaked and nearly ruined his career.